As Cardano (ADA) added more than $690 million in its market capitalization last week, it outshined the top-100 cryptocurrency assets by market cap.
Cardano broke above key resistance as stronger buying and improving market sentiment reinforced bullish momentum.
Cardano (ADA) gained around 10% as investors shifted their attention from the networks latest completed upgrade to its long-term scalability roadmap. The rally suggests the market is increasingly valuing Cardanos future development plans rather than the improvements already delivered through the recent protocol update.
Whale accumulation in ADA suggests strategic long-term positioning, potentially driving future price increases amid low on-chain activity. Whales accumulate 240M ADA, fueling 22% price surge.
Intersect unveiled the first steps of Cardano's Dijkstra hard fork, which will deploy three innovations: Nested Transactions, Linear Leios, and Peras. The Ouroboros Leios protocol, cornerstone of this update, promises to improve the network's throughput and finality.
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Cardano price jumped over 6% this week as whale accumulation accelerated and on-chain activity flashed fresh bullish signals. Large holders scooped up more than 30 million ADA over the past seven days, while Cardano's tokenized real-world asset (RWA) ecosystem expanded to $55.3 million, reinforcing growing investor confidence.
Cardano (ADA) continues to recover from months of heavy selling pressure, but the cryptocurrency has yet to confirm a full bullish reversal. Trading around $0.168, ADA has stabilized after defending a critical support zone near $0.15, giving investors hope that the worst of the recent decline may be over.
SecondFi has renewed its bounty offer to the attacker behind a $16.1 million Cardano exploit, as the team continues trying to recover 16.
SecondFi has renewed its bounty offer to the attacker responsible for stealing 16.1 million ADA, encouraging the full return of the assets while continuing to work with blockchain security researchers. Investigators identified behavioral patterns that resemble techniques previously linked to North Korea's Lazarus Group, although the attribution has not been officially confirmed.
The team behind the Cardano-focused cryptocurrency wallet SecondFi today published a renewed appeal to the hacker who breached the platform in June. The developers reiterated that their official bounty offer remains in effect in exchange for the full return of the stolen assets.
Cardano (ADA) price holds near $0.164 as whale buying, 16 months of ETF inflows, and support levels point toward $0.18 and $0.23.